The Brown Jug has paid annual dividends of $0.61,$0.64,$0.71,$0.82,and $0.88 per share over the past 5 years,respectively.What is the geometric average dividend growth rate for this period?
A) 8.51 percent
B) 8.97 percent
C) 9.10 percent
D) 9.59 percent
E) 10.21 percent
Correct Answer:
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